Berkshire Hathaway HomeService
Listed by Berkshire Hathaway HomeService
$1,300,000
1127 N Commonwealth Avenue
Details
APN 5542025030
Property Type Multifamily
Sub Type Apartment Building
Units 3
Buildings 3
Stories 1
Acreage 0.144
Zoning Assessor
Multifamily | 3 Units
Marketing description
Unique redevelopment and restoration opportunity nestled in vibrant and eclectic East Hollywood, just moments from Silver Lake and Virgil Village, where creativity meets culture amid indie cafs, local art spaces, hip hangouts, and ongoing neighborhood transformation. This distinctive multi-structure property is identified as a triplex but currently has only one habitable unitsimple, basic, and unrefined, with no recent upgrades. Two additional detached structures were partially opened for renovation work but remain unfinishedone down to the studs, the other enclosed with walls but without interior finishes. Set on a gated and shaded 6,250 sq. ft. lot, the propertys mature canopy of trees creates a surprisingly peaceful and private environment rarely found in the surrounding urban landscape. A blank canvas with outstanding potential for restoration, reimagining, expansion, creative live/work use, or future redevelopment possibilities. Nearby properties have undergone notable transformations, contributing to the areas growing architectural and lifestyle appeal while creating a unique opportunity for buyers seeking a property with vision and long-term potential. Property offered as-is. Buyer to perform all due diligence and independent verification regarding permits, zoning, unit configuration, and future use potential.
Listing Contacts
Berkshire Hathaway HomeService
Listed by Berkshire Hathaway HomeService
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